Home |
Search |
Today's Posts |
#1
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
I have develped a spreadsheet to assist me in my stock trading. I have one
column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#2
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
With total price in A2 and number of shares in B2
=IF(A2="","",7+(A2*5%7)*MAX(0,B2-1000)*0.005) "Need Assistance! Please Help!" wrote: I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#3
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
One way
=MAX(7,7+IF(G31000,(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#4
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
Unfortunately your formula did not work.
I'll should have been more specific. First, I am using MS Exel 2007. The formula I need: I have total shares listed in cell G2. The total cost of the purchase is in cell V2. Now, the commission is standard at $7.00, but if I multiply total cost by 5% and it exceeds $7.00, then commission is $7.00 plus $0.005 for every share over the initial 1000 shares. "daddylonglegs" wrote: With total price in A2 and number of shares in B2 =IF(A2="","",7+(A2*5%7)*MAX(0,B2-1000)*0.005) "Need Assistance! Please Help!" wrote: I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#6
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
Try it this way where g2 is the purchase price and g3 is the number of shs.
=MAX(7,7+IF(AND(G2140,G31000),(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... Unfortunately your formula did not work. I should have been more specific. First, I am using MS Excel 2007. The Information follows: I have total shares in cell G2. I have total cost of purchase in cell V2. The standard commission is $7.00, but if I multiply the total cost of purchase by 5% and it exceeds the $7.00, then the commission is $7.00 plus $0.005 per share after the intial 1000 shares. "Don Guillett" wrote: One way =MAX(7,7+IF(G31000,(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#7
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
Formula somewhat worked. Where did you come up with the 140 in the string?
"Don Guillett" wrote: Try it this way where g2 is the purchase price and g3 is the number of shs. =MAX(7,7+IF(AND(G2140,G31000),(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... Unfortunately your formula did not work. I should have been more specific. First, I am using MS Excel 2007. The Information follows: I have total shares in cell G2. I have total cost of purchase in cell V2. The standard commission is $7.00, but if I multiply the total cost of purchase by 5% and it exceeds the $7.00, then the commission is $7.00 plus $0.005 per share after the intial 1000 shares. "Don Guillett" wrote: One way =MAX(7,7+IF(G31000,(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
#8
Posted to microsoft.public.excel.worksheet.functions
|
|||
|
|||
Need help creating formula for given data
somewhat??? 140 already explained -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... Formula somewhat worked. Where did you come up with the 140 in the string? "Don Guillett" wrote: Try it this way where g2 is the purchase price and g3 is the number of shs. =MAX(7,7+IF(AND(G2140,G31000),(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... Unfortunately your formula did not work. I should have been more specific. First, I am using MS Excel 2007. The Information follows: I have total shares in cell G2. I have total cost of purchase in cell V2. The standard commission is $7.00, but if I multiply the total cost of purchase by 5% and it exceeds the $7.00, then the commission is $7.00 plus $0.005 per share after the intial 1000 shares. "Don Guillett" wrote: One way =MAX(7,7+IF(G31000,(G3-1000)*0.005)) -- Don Guillett Microsoft MVP Excel SalesAid Software "Need Assistance! Please Help!" m wrote in message ... I have develped a spreadsheet to assist me in my stock trading. I have one column that I need to set up to calculate the commission rate. It took me a couple of years to get the basic calculations information figured out back in 1998 and it has helped me a great deal when used on all my accounts. But, I still lack the expertise in some calculation functions. I would greatly appreciate anyones assistance. Given information follows: Commision rate is equal to $7.00. If though by multiplying 5% of the total price, that figure exceeds the $7.00 standard rate, then additional commission is $0.005 per share that exceeds 1000 shares. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Help Creating A Formula | Excel Worksheet Functions | |||
Creating a formula by using data in another file | Excel Worksheet Functions | |||
I need help creating a formula | Excel Discussion (Misc queries) | |||
Need help creating a formula to summarize data! | Excel Worksheet Functions | |||
Creating a graphical formula from a set of data | Charts and Charting in Excel |